India-Asia Pacific to account for 10 percent of Stellantis' expected €20 billion revenue from software-driven connected vehicles by 2030

Global automaker Stellantis expects that at least 10 percent of the planned €20 billion revenue from its software-driven connected vehicle business will come from India – Asia Pacific regions by 2030. Speaking with Autocar Professional on Feb 7, the company’s top leadership said that the company is looking to develop end-to-end products which not only caters to the Indian market but also for the world as part of its push towards ‘make-in-India for the world’. 

Mamatha Chamarthi, SVP Business and Product Management, Stellantis stated the software-driven connected vehicle business is being synergised from the company's existing products such as telematics unit, radio and electric architecture that supports connected services.

“The talent here can handle that. Not only for India but they can handle for the entire world,” said Chamarthi on the side-lines of the first edition of the Hyderabad E-Mobility Week. She added that the talent available in the country is soakable and the world should not look at India as a base cost country but as an end-to-end product developer. 

Stellantis runs three manufacturing facilities (Ranjangaon, Hosur and Thiruvallur), an ICT Hub (Hyderabad) and a Software Centre (Bengaluru), as well as two research and development (R&D) facilities in Chennai and Pune. One of Stellantis' main internal ICT and digital enterprises is now the Digital Hub in India. The company's ‘Make in India’ campaign is indeed going strong, with India being the only nation outside of North America to locally manufacture the Citroen C5 Aircross and four Jeep nameplates (Wrangler, Compass, Meridian, and Grand Cherokee).